In-Park Chattel Financing · California
Your loan payment is only part of the picture. This adds space rent, park fees, and insurance to show your true monthly cost — then checks it against both approvals you need: the lender's and the park's.
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One rate for the life of the loan.
Chattel loans run shorter and price higher than a mortgage, because the loan is secured by the home only — not the land under it.
Ask for this in writing before you make an offer, along with the scheduled increases.
Rent-controlled parks are often capped near 3–4%. Uncapped parks can run higher.
California in-park homes pay either an annual HCD registration fee or local property tax, depending on the home's age and title history.
Before taxes. Include all household members who will be on the application.
Car payments, credit card minimums, student loans, child support. Not groceries or utilities.
These are two separate applications and you need both. Buyers are most often surprised by the second one — a park can decline you after the lender has already approved your loan. Start the park's application as early as you can.
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This is an estimate for planning, not a loan offer. Thresholds shown are typical of the market, not any specific lender or park — both set their own guidelines, and approval depends on credit, the home's age and condition, documentation, and the full file. This is not a Loan Estimate or Closing Disclosure.